Malaysia's Axiata, Norway’s Telenor Merging Malaysia Units To Create Heavyweight Mobile Provider
By Victor in Business
Updated 3 years ago
Malaysia's Axiata Group and Telenor ASA said Thursday they were in "advanced" talks to merge their Malaysia telecommunications units and form the country's biggest mobile company, according to a statement to Bursa Malaysia Thursday. The merger is expected to improve service and cut costs. "The proposed merger represents an important...